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MOVE token falls 20% after Coinbase confirms full delisting effective May 15 across all platforms RSI nears oversold at 30.3 while MACD flips bullish, suggesting a possible short-term bounce MOVE trading volume spikes 93% to $213M following delisting panic; price tests $0.20 support The crypto market has been staying volatile, and the Movement (MOVE) token is no exception. In an announcement yesterday, Coinbase revealed that trading for MOVE will be suspended across all its platforms on May 15, 2025.  The suspension is set for around 2 PM ET on that date. This action impacts Coinbase.com, Coinbase Exchange, and Coinbase Prime.  The decision to delist MOVE follows a routine compliance review by Coinbase. In response to the announcement, MOVE order books were shifted to limit-only mode. This mode allows users to place or cancel limit orders but not market trades.  This move sparked significant activity in $MOVE’s trading, reflected by a 93% surge in trading volume, reaching $213.01 million in just 24 hours. We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on recent reviews, we will suspend trading for Movement (MOVE) on May 15, 2025, on or around 2 PM ET. — Coinbase Assets 🛡️ (@CoinbaseAssets) May 1, 2025 MOVE Price Breakdown and Technical Indicators As of reporting earlier today, MOVE as of press time trades at  $0.1973, down almost 20% in the last 24 hours. This sharp drop follows a period of relative stability where the token hovered between $0.240 and $0.250.  The price decline seems to coincide with Coinbase’s delisting news, likely triggering panic among holders. As a result, the token’s support is now being tested at $0.208, with a potential fallback to the psychological $0.200 level if bearish momentum continues. Related: 700% Volume Spike Sends MOVE Price Soaring Post-Buyback: April…

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Filed under: News - @ May 2, 2025 6:22 am